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BUZZ-Cheniere Energy produces first LNG at its Corpus Christi Stage 3 project; shares up

ReutersDec 30, 2024 5:00 PM

Shares of Cheniere Energy LNG.N rise 1.5% to $213.69

Company produces first liquefied natural gas from the first train (Train 1) of new Corpus Christi Stage 3 Liquefaction project (CCL Stage 3), in Texas

Says new plant consists of seven midscale trains, with an expected total production capacity of over 10 million tonnes per annum

Adds that as of Nov. 30, overall project completion for CCL Stage 3 was 75.9%

Cheniere expects substantial completion of Train 1 to be achieved at the end of the first quarter of 2025

Including session's moves, stock up 24.97% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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